
Nearly 4 private acres on the Pedernales River arm of Lake Travis, inside the gated equestrian community of Paleface Ranch in Spicewood, TX. Panoramic lake views greet you from multiple vantage points across this elevated, tree-lined property, and the community boat ramp puts open water within minutes for boating, jet skiing, and paddleboarding. Wildlife, mature trees, and Hill Country air define daily life here. This is waterfront acreage living at its most complete.
The 3,641 sq ft two-story home, has been comprehensively updated throughout with upgraded flooring, cabinetry, appliances, electrical, light fixtures, ceiling fans, and washer, dryer, and refrigerator. Every room reflects a current, finished condition with large windows and sliding doors that pull those lake and Hill Country views directly inside.
The open-concept main level connects the living area, dining, and kitchen without interruption. The kitchen features a large island with an integrated sink, stainless appliances, and granite counters. A dedicated home office with vaulted ceilings and hardwood floors sits apart from the main living areas. The primary suite includes a freestanding soaking tub, dual vanities, and a walk-in shower. A half bath with vessel sink and granite counters serves the main level. Five bedrooms and 3.5 baths total across two levels with two separate living areas.
Outside, two covered patios, including one with a wood-paneled ceiling, anchor the outdoor living areas. A stone patio, tiered deck, hot tub, and fire pit complete the exterior for year-round entertaining. A large metal-sided barn and storage facility adds working ranch utility. The long driveway winds through mature trees to a grand wooden entry archway.
Paleface Ranch is served by Lake Travis ISD, approximately 15 minutes to Hill Country Galleria, and under an hour to downtown Austin via Highway 71. Harbors a diverse range of wildlife
Property Type
Residential
Year Built
2017
Lot Size
3.97 acres
$/Sq Ft
$542
HOA
$800/year
Garage
2 spaces
Listed by Keller Williams - Lake Travis
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Verified property facts
2203 Improver RD is listed at $1,975,000 with 5 bedrooms, 3 full, 1 half bathrooms, 3,641 square feet, 3.97-acre lot. This places it above the ZIP 78669 single-family closed-sale median price of $875,000 (ZIP 78669 geography · single-family closed sales · median sale price · trailing 12 months as of Sep 11, 2026).
2203 Improver RD is zoned for Lake Travis ISD with assigned schools: West Cypress Hills (elementary), Lake Travis (middle), Lake Travis (high). School assignments should be verified directly with the district.
2203 Improver RD is a Residential built in 2017 featuring 5 bedrooms, 3 full, 1 half bathrooms, 3,641 square feet, 3.97-acre lot.
2203 Improver RD is listed by Keller Williams - Lake Travis. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Sep 12, 2026.
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4 records on file
Every recorded listing, sale, and lease at 2203 Improver RD, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Price Change with current price, original ask, and market time.
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+2.1% | — | $2,010,699 | — | — |
2024+26.3% | — | $1,968,610 | $615,250 | $897,680 |
2023+57.7% | — | $1,559,220 | $192,600 | $1,776,010 |
2022 | — | $988,869 | $192,600 | $1,366,620 |

Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility. Ratings from GreatSchools.org.
20% ($395K)
Adjustable assumption - not a lending recommendation.
$1,975,000
Luxury property intelligence
A sourced read on Paleface Ranch Sec 01 pricing, timing, and property scale. No automated valuation claim.
List price
$1,975,000
Price per sqft
$542/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
73 days
Original to current
$5K reduction
$2M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Sep 12, 2026.
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The most recent annual property tax for 2203 Improver RD is $36,158. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
This page does not assume a mortgage rate or publish a monthly payment for 2203 Improver RD. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Sep 12, 2026, 2203 Improver RD is offered at $1,975,000. The current MLS snapshot shows 224 active listings in 78669. Keenan Group has completed 9 verified transactions in 78669 within its 1,000+ completed transactions and $1B+ career volume across Austin.
2203 Improver RD was built in 2017, making it 9 years old with relatively recent construction.
The MLS listing marks 2203 Improver RD as waterfront. The reported waterfront feature is River Front, Waterfront. Confirm shoreline access, dock rights, and floodplain status from current property documents during due diligence.
The MLS listing reports HOA or association dues of $800 annual for 2203 Improver RD. It does not establish included amenities, services, rules, reserves, or current assessments; verify those items in current association documents.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
7 events on record
Current Price
$1,975,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+2.1% | — | $2,010,699 | — | — |
2024+26.3% | — | $1,968,610 | $615,250 | $897,680 |
2023+57.7% | — | $1,559,220 | $192,600 | $1,776,010 |
2022 | — | $988,869 | $192,600 | $1,366,620 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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